1. Recently, China's currently largest, most powerful, and most advanced hydrographic survey vessel, Haixun 08, was officially commissioned Thursday in Shanghai. The 123.6-m-long vessel, with a speed of 15 knots and a cruising range of 18,000 nautical miles, will be deployed in the East China Sea.
2. India has experienced a 76% YoY decline in its solar module imports from China, according to energy think tank Ember. During the first half of 2023, India imported 2.3 GW of modules from China, from 9.8 GW imported during the corresponding period in 2022. This decline was attributed to the imposition of tariffs and India's shift toward bolstering domestic manufacturing capacity.
3. On Sep. 22, China's commerce ministry said that China has approved some companies' export applications for gallium and germanium products. The country has imposed export restrictions on industrial products and materials containing these metals from Aug. 1.
4. Pacific Energy, which is a part of RGE Group, has announced that Woodfibre LNG, one of its subsidiaries, signed its third liquefied natural gas (LNG) purchase and sales agreement with BP. The contract, which is for a volume of 450,000 tons per year, will be effective from September 2023. Previously, Woodfibre LNG had signed two purchase and sales agreements with BP in 2020 and 2021, respectively, each for a volume of 750,000 tons per year.
5. On Sep. 22, Canadian Solar announced that it successfully finalized approximately 4 GWp of solar module contracts during the 2023 RE+ show in Las Vegas, USA. The contracts are expected to be serviced by both its upcoming Texas factory and its expanded Thailand module factory.
6. Recently, the 258,000-kW Labashan wind farm in SW China's Sichuan officially launched operations. The project can generate 680 million kWh of electricity per year, meeting the annual consumption demand of 310,000 households in Sichuan and cutting 560,000 tonnes of CO2 emissions.
7. During the 6th China-Arab States Expo held in Yinchuan, Ningxia on September 22, a total of 403 cooperation results were achieved. The signed projects cover various areas such as modern agriculture, clean energy, medical health, digital economy, and tourism cooperation, with planned investment and trade of CNY 170.97 billion (USD 23.4 billion).
8. According to recent data released on Sep. 22, China's exports of photovoltaic products reached a record high of USD 32 billion from January to July 2023, marking a 6% YoY increase. Zhang Sen, the Secretary General of the Photovoltaic Branch of China Chamber of Commerce for Import and Export of Machinery and Electronic Products, predicts that this trend will continue due to the growing demand for photovoltaic installed capacity in various regions such as Southeast Asia, Europe, America, and Latin America. It is expected that China's exports of photovoltaic products will rise by 20% YoY and reach close to USD 60 billion by 2023.
9. GoodWe has started offering its Polaris Series solar carport panels in Australia as part of a broader push into the nation's building-integrated photovoltaics (BIPV) market. The Polaris panels are tailored for carports and shade rooftops, said the company, according to PV magazine on Sep. 22.
10. On Sep. 22, the Hong Kong offshore LNG terminal was officially commissioned with the launch of The Bauhinia Spirit, the world's largest floating storage regasification unit (FSRU). This marks a significant milestone as it is Hong Kong's first offshore LNG terminal and also the world's largest. The FSRU vessel has a storage capacity of 263,000 cubic meters and can provide enough power for 1.5 million households for two consecutive months.